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BNB Chain has completed its 29th BNB burn, destroying a total of 1,772,712.363 BNB. The value of this burn at the time was approximately $1.07 billion USD. This burn is part of BNB’s ongoing deflationary model, aimed at reducing supply and supporting long-term value. What impact do you think this burn will have on BNB’s price and the broader market?
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BNB Chain Completes 29th Quarterly Token Burn, Eliminating $1.07 Billion in BNBThe BNB Chain ecosystem has completed its 29th quarterly BNB token burn. The burn event, announced by the BNB Foundation, removed 1,772,712.363 BNB from circulation, valued at approximately USD 1.07 billion.Key Highlights of the 29th BNB BurnTotal BNB Burned: 1,772,712.363 BNBAuto-Burn Component: 1,710,142.733 BNBBTokens Adjustment Burn: 62,569.63 BNB, covering previous BTokens that were incorrectly omitted from past Auto-Burn eventsCurrent Supply After Burn: 144,099,981.1 BNBRemaining BNB to Burn: 43,533,387.84 BNBBNB's Auto-Burn Mechanism ExplainedBNB employs a deflationary Auto-Burn mechanism to gradually reduce its supply to a target of 100 million BNB. This quarterly process operates independently of the Binance exchange, adjusting based on the current BNB price and the total number of blocks generated on BSC. The funds are sent to a designated “blackhole” address (0x000000000000000000000000000000000000dEaD) on BSC, ensuring transparency and predictability in each burn cycle.Real-Time and Pioneer Burn ProgramsBNB Chain also implements a Real-Time Burn, introduced under BEP95, where BSC validators burn a portion of gas fees with each block. This mechanism has collectively removed approximately 242,000 BNB from circulation since its inception.Additionally, BNB’s Pioneer Burn Program offers recovery options for users who have accidentally lost BNB or pegged tokens. This recovery is factored into the quarterly burn to help restore tokens lost due to unintentional errors.BNB Chain’s Vision and Future of the TokenBNB remains at the core of the BNB Chain’s Web3 and decentralized finance ecosystem. Its Auto-Burn system not only helps maintain a healthy token economy but also aligns with the platform’s broader “Build and Build” philosophy, ensuring BNB’s role in on-chain governance, transaction facilitation, and ecosystem development. With BNB Chain’s ongoing Fusion upgrade, future burns will occur directly on BSC to simplify and standardize the process.This latest burn marks another milestone in BNB Chain’s journey toward token scarcity and value preservation, as it continues to grow within the Web3 landscape.     

BNB Chain Completes 29th Quarterly Token Burn, Eliminating $1.07 Billion in BNB

The BNB Chain ecosystem has completed its 29th quarterly BNB token burn. The burn event, announced by the BNB Foundation, removed 1,772,712.363 BNB from circulation, valued at approximately USD 1.07 billion.Key Highlights of the 29th BNB BurnTotal BNB Burned: 1,772,712.363 BNBAuto-Burn Component: 1,710,142.733 BNBBTokens Adjustment Burn: 62,569.63 BNB, covering previous BTokens that were incorrectly omitted from past Auto-Burn eventsCurrent Supply After Burn: 144,099,981.1 BNBRemaining BNB to Burn: 43,533,387.84 BNBBNB's Auto-Burn Mechanism ExplainedBNB employs a deflationary Auto-Burn mechanism to gradually reduce its supply to a target of 100 million BNB. This quarterly process operates independently of the Binance exchange, adjusting based on the current BNB price and the total number of blocks generated on BSC. The funds are sent to a designated “blackhole” address (0x000000000000000000000000000000000000dEaD) on BSC, ensuring transparency and predictability in each burn cycle.Real-Time and Pioneer Burn ProgramsBNB Chain also implements a Real-Time Burn, introduced under BEP95, where BSC validators burn a portion of gas fees with each block. This mechanism has collectively removed approximately 242,000 BNB from circulation since its inception.Additionally, BNB’s Pioneer Burn Program offers recovery options for users who have accidentally lost BNB or pegged tokens. This recovery is factored into the quarterly burn to help restore tokens lost due to unintentional errors.BNB Chain’s Vision and Future of the TokenBNB remains at the core of the BNB Chain’s Web3 and decentralized finance ecosystem. Its Auto-Burn system not only helps maintain a healthy token economy but also aligns with the platform’s broader “Build and Build” philosophy, ensuring BNB’s role in on-chain governance, transaction facilitation, and ecosystem development. With BNB Chain’s ongoing Fusion upgrade, future burns will occur directly on BSC to simplify and standardize the process.This latest burn marks another milestone in BNB Chain’s journey toward token scarcity and value preservation, as it continues to grow within the Web3 landscape.     
Concise Overview of BNB’s Burn Mechanism and Price ImpactBNB, the native token of Binance and the BNB Chain, has grown from a simple utility token to a major cryptocurrency, thanks in part to its quarterly burn mechanism, which reduces supply to support value over time. What Is BNB Burning? Binance systematically removes BNB from circulation every quarter. This process aims to eventually burn 100 million BNB, or 50% of the initial supply, to create scarcity. The 29th burn recently removed 1,772,712 BNB, totaling 41,946,504 BNB burned to date. With an average quarterly burn rate of 2,097,325 BNB, the next five years could see an additional 41,946,500 BNB burned. Impact on BNB Price Reduced supply theoretically increases BNB’s price if demand remains stable. Assuming demand holds, BNB’s price could rise from $600 today to approximately $846 in five years, purely from supply reduction. Actual price will also depend on demand growth. Utility and Adoption Factors BNB’s demand grows as it’s used across the Binance ecosystem: • Gas Fees for BNB Chain transactions • Trading Discounts on Binance • DeFi, NFTs, and Gaming uses These uses enhance BNB’s long-term value potential. Risks BNB’s future depends on Binance’s performance, market sentiment, and regulatory factors. Any adverse developments could impact its demand and price trajectory. Conclusion BNB’s burn mechanism is a strategic move to reduce supply and potentially increase value. Coupled with strong utility, BNB has the potential for significant growth. However, factors like market conditions and regulation will also shape its future. #16thBTCWhitePaperAnniv #bnbburn #USPCEExceeds

Concise Overview of BNB’s Burn Mechanism and Price Impact

BNB, the native token of Binance and the BNB Chain, has grown from a simple utility token to a major cryptocurrency, thanks in part to its quarterly burn mechanism, which reduces supply to support value over time.
What Is BNB Burning?
Binance systematically removes BNB from circulation every quarter. This process aims to eventually burn 100 million BNB, or 50% of the initial supply, to create scarcity. The 29th burn recently removed 1,772,712 BNB, totaling 41,946,504 BNB burned to date. With an average quarterly burn rate of 2,097,325 BNB, the next five years could see an additional 41,946,500 BNB burned.
Impact on BNB Price
Reduced supply theoretically increases BNB’s price if demand remains stable. Assuming demand holds, BNB’s price could rise from $600 today to approximately $846 in five years, purely from supply reduction. Actual price will also depend on demand growth.
Utility and Adoption Factors
BNB’s demand grows as it’s used across the Binance ecosystem:
• Gas Fees for BNB Chain transactions
• Trading Discounts on Binance
• DeFi, NFTs, and Gaming uses
These uses enhance BNB’s long-term value potential.
Risks
BNB’s future depends on Binance’s performance, market sentiment, and regulatory factors. Any adverse developments could impact its demand and price trajectory.
Conclusion
BNB’s burn mechanism is a strategic move to reduce supply and potentially increase value. Coupled with strong utility, BNB has the potential for significant growth. However, factors like market conditions and regulation will also shape its future.
#16thBTCWhitePaperAnniv #bnbburn #USPCEExceeds
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Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week high in today’s session, breaking out of a key price ceiling in the process.#Binance #ETH #bnbburn #cryptonews
Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week high in today’s session, breaking out of a key price ceiling in the process.#Binance #ETH #bnbburn #cryptonews
The HOT Coin price is on the verge of breakout. If price able to break above the upper trendline then we see a good upward move. If price rejects from here then we see a retest of the support line. This is no trade zone. #ETH #dyor #BNB #bnbburn #Web3


The HOT Coin price is on the verge of breakout. If price able to break above the upper trendline then we see a good upward move. If price rejects from here then we see a retest of the support line.
This is no trade zone.
#ETH #dyor #BNB #bnbburn #Web3
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